How to think like a Valuer when buying your Investment Property

Real estate can be quite an emotional asset class as opposed to shares and often, investors make decisions which are emotionally driven.

A better strategy is to approach property investment like a property valuer- more facts and less feeling.

Property Valuers are not clouded by emotion or vested emotion.

Here are some tips from RealRenta to help you stay objective:

·         Research the market and use hard facts only, not sentiments

·         Research the sales/rental history of the property

·         Use Google Maps to calculate how close the property is to amenities

·         Search for titles, plans and any applications to council

·         Ask the council if any nearby developments are in the works

·         Attend auctions, speak to neighbours, estate agents and local businesses about the area

·         Take stock of what is included in the sale and what is not (ie furniture, fixtures etc)

·         Turn on taps and switches to make sure they all work

·         Make note of the visible flaws

·         Review the access and street appeal

·         Take note of the condition of fencing, pools and outbuildings

·         Note the slope of the block and any items that may require future maintenance

·         Compare similar properties and what they have sold for and how long they were on the market

·         Is the property on a busy main road or backs onto parkland?

·         Keep your heart out of it and treat this like a business

·        Consider what the current median is in the suburb and what the prospects for future growth is like

·        Consider engaging a buyer’s agent who has a mission to help you locate a high-quality growth asset

At RealRenta, we make it our business to work with Australia’s premier property developers and, in doing so, are able to help you identify, understand and assess the potential capital growth, rental return and tax benefits of your next investment.

We’re focused on getting you priority access to developments in Australia’s fastest-growing suburbs.

We currently have an extensive selection of new projects, house & land packages, townhouses,developer specials, one off price reductions and rebated stock.

Speak with us today for the latest offerings.If you are looking to invest in property, or have clients looking to invest in property,


We can help find great returns and growth across Australia, contact us for a chat today: propertysales@realrenta.com

Need a property loan?

Contact propertyloans@realrenta.com  

Marlene Liontis
Sunday, 13 October 2019

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